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Insurance Glossary

The world of insurance for law firms can be confusing, and difficult to navigate. We've created this glossary because these common insurance terms should be easy to understand.

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Law firm coverage options can vary just like umbrellas! Make sure you choose the prior acts coverages that make sense for your law firm.

2 min read

A Primer on Prior Acts Coverage for the Solo and Small Firm Attorney

What is Prior Acts Coverage? Prior acts coverage (PAC) is a feature of claims-made malpractice insurance policies. Its purpose is to provide protection for claims that arise from missteps that occurred before your current malpractice policy's...

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two lawyers make a checklist before starting their own law firm.

3 min read

Starting a New Law Firm: Considerations for What Your Legal Malpractice Policy Means

In this blog post, we'll explore some considerations for evaluating your legal malpractice policy needs when starting a new law firm. The Claims...

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lawyer looks carefully at a deepfake

3 min read

Law Firms Gear Up to Battle Deepfakes

The Rise of Deepfakes While lawyers have certainly been aware of deepfakes for years, everyone was fighting malware infections. As we constantly...

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a little gift of pro bono work can go a long way

4 min read

Is It Risky to Agree to Do Pro Bono Work?

If you're hesitant to do pro bono work based upon a belief that this type of work is risky, I'm here to say "not necessarily!" To understand why,...

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Attorney moonlighting

3 min read

For Lawyers, Is Moonlighting Worth It?

To take a side job or not to take a side job ... truth be told, the answer to this question is one where reasonable minds can see things differently....

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lawyer fucks around and finds out

3 min read

7 Ways Law Firms Invite a Data Breach

Why Would Law Firms Invite a Data Breach? We fall back on the words of Forrest Gump. “Stupid is as stupid does.” 2023 was a very bad year for law...

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A glass house as a metaphor for the risk of assisting your client with their Corporate Transparency Act fulfillment obligations

3 min read

Corporate Transparency Act Risks for Solo & Small Firm Attorneys - A Risk Manager’s Perspective

I’m sure this will come as no surprise; but as a risk manager with a law degree who works for a malpractice insurance company, I’m not one who...

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A lawyer who has just opened their own law firm

6 min read

The Basics of Starting Your Own Law Firm

My old boss was fond of the saying, “Hanging a solo shingle right out of law school is almost per se malpractice.” Although it may not be that...

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Lawyer relaxing at desk

3 min read

Why You Never Want to Set the Comfort Trap

My experience consulting over the years with thousands of attorneys who practice in firms of all shapes and sizes across the U.S. has taught me that...

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